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Bears Need Close Below Y134.81.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Need Close Below Y134.81
*RES 4: Y139.02 Monthly High Aug 2015
*RES 3: Y136.62 2018 High Jan 5
*RES 2: Y136.32 High Jan 8, Bollinger band top
*RES 1: Y136.09 High Jan 16
*PRICE: Y135.84 @ 2030GMT
*SUP 1: Y135.44 Hourly resistance Jan 17 now support 
*SUP 2: Y134.93 21-DMA 
*SUP 3: Y134.81 Hourly support Jan 12 
*SUP 4: Y134.39 Alternating hourly support/resistance
*COMMENTARY: The sell-off found support around the 21-WMA and ahead of the
100-DMA (Y132.99) with the recovery seeing initial focus back on 2018 highs.
While the 100-DMA supports overall bullish focus remains on 139.02-141.05 where
monthly highs are noted. Bears still need a close back below Y134.81 to ease
bullish pressure and shift focus back to the 21-WMA and 100-DMA. Below the
100-DMA shifts focus to Y130.59-132.03.

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